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3 storey property with roof terrace on the main road of Kritsa
Agios Nikolaos, Greece
REF: 774310
€75,000
Description
Located on the main commercial street of the traditional village of Kritsa, just 7 km from the town of Agios Nikolaos and the nearest sandy beaches. A nice property standing on three floors and consisting of a store on the ground floor, 3 rooms on the first floor and an additional room on the rooftop. There are a small balcony on the first floor and a large roof terrace on the top, enjoying amazing views of the country and the village. This could become a comfortable 2/ 3 bedroom duplex house or a nice 1st floor apartment with a shop on the central route. Water, electricity and telephone lines need to be re-connected. There is road access to the property and easy parking in the surrounding area. The house is located in the centre of the village where you will find various shops, restaurants, cafes, pharmacy and more. Kritsa is one of the oldest, largest and most picturesque villages in Crete. It is built on a hill and is surrounded by olive trees and beautiful countryside. Kritsa village belongs to the municipality of Agios Nikolaos, 7 km away, and has about 2300 inhabitants, including some residents from Britain and other European countries. Heraklion International Airport "Nikos Kazantzakis" is less than an hour's drive from Kritsa.
Located on the main commercial street of the traditional village of Kritsa, just 7 km from the town of Agios Nikolaos and the nearest sandy beaches. A nice property standing on three floors and consisting of a store on the ground floor, 3 rooms on the first floor and an additional room on the rooftop. There are a small balcony on the first floor and a large roof terrace on the top, enjoying amazing views of the country and the village. This could become a comfortable 2/ 3 bedroom duplex house or a nice 1st floor apartment with a shop on the central route. Water, electricity and telephone lines need to be re-connected. There is road access to the property and easy parking in the surrounding area. The house is located in the centre of the village where you will find various shops, restaurants, cafes, pharmacy and more. Kritsa is one of the oldest, largest and most picturesque villages in Crete. It is built on a hill and is surrounded by olive trees and beautiful countryside. Kritsa village belongs to the municipality of Agios Nikolaos, 7 km away, and has about 2300 inhabitants, including some residents from Britain and other European countries. Heraklion International Airport "Nikos Kazantzakis" is less than an hour's drive from Kritsa.
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Currency Exchange
Agios Nikolaos, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €75,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €75,000 | £61,793 | £64,459 | £2,666 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,666 |
Agios Nikolaos, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €75,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €75,000 | £61,793 | £64,459 | £2,666 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £61,793 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,666 |
The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £2,666 more.
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